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Which EU country is most affected by the blockade of the Strait of Hormuz?
2026-04-03 22:29:15 / BOTA
Shipping companies from Greece, the United Arab Emirates and China are among the most affected by the closure of the Strait of Hormuz, according to data from Bloomberg.
In the past 48 hours, some 670 cargo ships have been left stranded on the western side of the strait. Of these, 120 are owned by UAE-based companies, representing approximately 18% of the total. After the UAE, Greece is the second most affected country, with Greek-owned companies operating at least 75 cargo ships in the strait since the start of the conflict – around 12% of the total.
About 30 of them are oil or gas tankers, according to a Bloomberg data analysis. Chinese companies account for 74 cargo ships in the area, 25 of which are oil and gas tankers, while the rest are freighters and container ships.
Other Asian countries have also been significantly affected. Japanese companies have at least 23 oil and gas tankers and 16 dry bulk carriers in the strait.
Meanwhile, 25 Hong Kong-bound ships – 13 energy tankers and 12 dry cargo ships – are also present. India-based companies have 24 tankers in the region.
Similarly, companies from Singapore and South Korea have 29 and 22 ships blocked respectively since the start of hostilities, while Vietnam has three large LNG carriers.
About 35 crossings have been made by Greek-owned ships, including eight by a single company, Dynacom Tankers Management. At least 20 ships bound for China and 13 ships bound for India have also made the transit. Some of the ships appear to have taken advantage of a verification system under which Iran grants safe passage to ships from friendly countries.
Meanwhile, hundreds of ships remain on hold as insurance costs rise and the risks to crews and cargo remain extremely high.
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